Most observers do not recognize a market turnaround until prices begin to rise. Now beginning to rise, prices are a lagging indicator of the market’s direction. Palm Coast, FL – December 7, 2012 – There is no historic precedent for the current housing market. Never before have so many homeowners been underwater; owing more than […]
Pending home sales rose strongly in October with mixed regional results, according to the National Association of Realtors®. The Palm Coast market also shows strength. Palm Coast, FL – November 29, 2012 – Pending home sales rose strongly in October with mixed regional results, according to the National Association of Realtors®. In Palm Coast and […]
”Water Inspection Notice Inside Palm Coast, FL – November 28, 2012 – The City of Palm Coast has received several inquiries about a recent mailing to residents marked, “Water Inspection Notice Inside.” The enclosed postcard talks about the Environmental Protection Agency and offers a free water test. Some residents wondered if the mailing was official […]
Sales of existing homes increased in October while home prices continued to rise due to lower levels of inventory supply, according to the National Association of Realtors®. Palm Coast, FL – November 19, 2012 – Nationally, sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued […]
Bankruptcy trustee v. Ginn-LA lawsuit charged breach of fiduciary duty. The settlement agreement was struck shortly before depositions of key Ginn-LA executives Bobby Ginn and Bobby Masters were to be Palm Coast, FL – November 16, 2012 – Dillworth v. Ginn-LA, one of the most watched lawsuits against Bobby Ginn related development companies, came to […]
58 foreclosed Flagler County properties are scheduled to be sold throughout the month, about the same as in October. Palm Coast, FL – November 6, 2012 – 58 foreclosed Flagler County properties are currently scheduled to be sold at foreclosure auctions during November, about the same as in October. Not all scheduled sales are completed. […]
Belks, Lowe’s, Carrabba’s, Zaxby’s etc. Cobblestone Village is now sold out Palm Coast, FL – November 5, 2012 – A new Dollar Tree retail store is being built behind the new medical building in Palm Coast’s Cobblestone Village. The store will be 9,981 square feet. This location represents the last parcel of the development which, in […]
Signs of a sellers’ market continue as distressed properties decline as a percentage of all sales. Palm Coast, FL – October 26, 2012 – Signs of a sellers’ market continue as distressed properties decline as a percentage of all Palm Coast and Flagler County sales. September home sales were up only 5% over last September, […]
Unsecured Tesoro and Quail West creditors would get between 30 and 50 cents on the dollar. Attorney for the debtors would receive 30% ($7.5 million) of the settlement proceeds. Palm Coast, FL – October 19, 2012 – Drew Dillworth, trustee for the Tesoro and Quail West Chapter 7 bankruptcies, has filed a Motion to Approve […]
Each seller’s situation is unique. Here’s one seller’s situation and how I suggested he proceed. Palm Coast, FL – October 11, 2012 – A GoToby.com reader from Palm Coast called me this week asking for my advice. He owns a local rental home that he wants to sell. It’s not a short sale. His most […]